Investigations have shown that the Electricity Distribution Companies (Discos) in Nigeria are indebted to the Nigerian Bulk Electricity Trader (NBET), and Market Operator (MO) to the tune of N103billion, according to the Nigerian Electricity Regulatory Commission recent (NERC) report released this week. The Guardian has reported. DisCos were issued an invoice totalling N147billion for energy…
The forthcoming third edition of the Kenya Mining Forum (KMF) will focus strongly on how the mining industry can contribute to the Kenyan Government’s ‘Big Four Agenda’ namely, manufacturing, universal healthcare, affordable housing, and food security. The event will take place between 12th and 13th November, 2018 at the Safari Park Hotel & Casino, Nairobi,…
By Energy Worth The Nigeria National Petroleum Corporation (NNPC) reporting template ordered by President Muhammadu Buhari to resolve remittance to the Federation Account will be ready next month, Minister of Finance Kemi Adeosun said on Thursday. She told reporters at the end of the Federation Account Allocation Committee (FAAC) meeting yesterday that “what the President…
Alhaji Idris Mohammed is the President and Chief Executive Officer of Consultancy Dell’Amore International Limited and former Managing Director, Kaduna Electricity Distribution Company (KEDC). He received a ‘Special Recognition Award’ as one of the top 50 in the world, who have contributed to the promotion of power projects in Africa at the just-concluded 20th anniversary…
Stakeholders in the oil and gas, and investment sectors have said growing socio-economic uncertainties and political instability could further quash inflow of investment into the country. The experts, who reacted to the declining level of investment into Nigeria’s oil and gas sector, are worried that the country is fast losing its competitiveness to other countries…
Energy Worth with Agency Report NO fewer than 170 public transport drivers have benefited from medical consultation and screening organised by Shell Nigeria Gas (SNG) as part of the activities marking the 20th anniversary of the gas distribution company. The one-day programme, which held in Ota, headquarters of Ado Odo/Ota Local Government area of Ogun…
THE Ondo State Council of Traditional Rulers, yesterday, kicked against the renewal of operating licence of the Benin Electricity Distribution Company, BEDC, by the Federal Government. They described the activities and services of the BEDC in the state as “antithetical to the purpose it was established” even as it called on the Federal Government to…
The forthcoming third edition of the Nigeria Mining Week (NMW) organised by the Miners Association of Nigeria (MAN) in partnership with Spintelligent, PwC Nigeria and the Ministry of Mines and Steel Development, has received strong support from leading market leaders, such as 3M Geo Resources, BARRON, AG Vision, Kian Smith Trade and Co, Meridian Drilling,…
Top voltage Stabiliser and automatic voltage regulator, AVR manufacturers are attracting additional market share as a result of the growing demand for stabilisers or regulators to protect equipment or machine occasioned by unstable power supply in the country, Vanguard has reported. A voltage stabiliser is a device designed to deliver a constant voltage at its…
To the Peoples Democratic Party (PDP), the Nigerian National Petroleum Corporation (NNPC) is economical with the truth on remittances into the Federation Account. But, the All Progressives Congress (APC) says PDP is crying wolf where there is none, describing the claim as bogus. In its response titled: “PDP allegations on NNPC operations: The facts”, the…
